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The publicity secretary of the Crude Oil Refinery-owners Association of Nigeria, CORAN, Eche Idoko, has explained that the Federal Government can help reduce rising fuel prices by addressing problems across the entire petroleum sector. In a statement released on Wednesday, Idoko said petrol prices in Nigeria are not shaped by…

A Federal High Court in Abuja has approved the final forfeiture of $13 million linked to Lagos businesswoman Aisha Achimugu and her company, Oceangate Engineering Oil & Gas Ltd, to the Federal Government. Court says EFCC showed the money came from illegal activity Justice Emeka Nwite said the Economic and…

Former Kaduna State Governor, Nasir El-Rufai, is expected to appear before the Federal High Court in Kaduna on Tuesday over a series of allegations brought against him by the Independent Corrupt Practices and Other Related Offences Commission, ICPC. This will be El-Rufai’s first court appearance since authorities took him into…

Electricity supply has dropped across Nigeria because there is less power being generated on the national grid. The main problem, according to Ikeja Electric, is that thermal power plants are not getting enough gas to produce the amount of electricity the country needs. In a public notice issued on March…

The Federal Government has selected 65 student innovators for the final round of its Student Venture Capital Grant after receiving 30,639 applications from 404 tertiary institutions across Nigeria. The update was shared by the Federal Ministry of Education, which said the programme is one of President Bola Ahmed Tinubu’s flagship…